Thu.Mar 14, 2024

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Four Keys to Realizing Flexible Fulfillment of E-Commerce Orders

Supply Chain Brain

The adoption of e-commerce as the consumer’s retail channel of choice has increased by 30% post-pandemic, spurring urgent mandates for e-tailers to scale operations and services.

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In an era of AI, skill building is a top organizational priority, LinkedIn says

Supply Chain Dive

Learning and development pros can encourage short bursts of instruction to help workers make progress in small chunks.

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How Generative AI Will Shape Contracting

Supply Chain Brain

Contracts have long been uncelebrated essentials in the business environment. If your company is like most others, procurement professionals view commercial agreements as irritating interruptions to business procedures. They can’t wait to sign the bottom line of the documents, file them in a cabinet and forget them.

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Meet AI in Sourcing

Spend Matters

Artificial intelligence (AI) comes in many forms (for a complete history of AI in procurement see our recently published autogmentation series) and despite being a consistent ‘hot topic’ for well over a decade now, continues to grow and evolve each year in the procurement industry. In this series of articles we explore the current state of AI in procurement technology.

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Load Optimization: A Sustainable Way To Reduce Transportation Costs

Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.

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Gap Inc. gets a boost from retooled sourcing strategy

Supply Chain Dive

Falling commodity costs have lifted margins, while leaner inventories have helped improve operations and reduced markdowns.

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A 2024 Supply Chain To-Do List

Supply Chain Brain

A post-Covid-19 supply chain model is emerging to cope with a dual ‘new normal’ in global commerce — a need for resilience amid volatility, and heightened concerns around climate and, more broadly, sustainability of products and processes.

More Trending

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Three Strikes for the New Baseball Uniform

Art of Procurement

I live in Boston, one of the greatest sports towns in the world (if we do say so ourselves). With. The post Three Strikes for the New Baseball Uniform appeared first on Art of Procurement.

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Using Your End Of Year Budget for L&D Effectively

Skill Dynamics

As the year draws to a close, organizations face the critical task of effectively utilizing their end-of-year Learning and Development budgets. The allocation of this budget is not a decision to be taken lightly, as it has a direct impact on the company’s growth, productivity, and talent development. With countless options available in the market, it’s crucial to find a solution that aligns with your organizational objectives and addresses your specific skill gaps.

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Accelerating supply chain transformation with cloud-based fleet planning

Supply Chain Brain

Studies have shown that companies implementing digital and sustainability innovations are two and a half times more likely to outperform competitors who don't seek to innovate. The problem many companies have when embarking on their digital journey is where to begin.

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A Hoarding Explanation for the Post-COVID Inflation for Goods

SCMR (Supply Chain Management Review)

Inflation continues to impact the U.S. economy, but could a fear of supply shortages have caused a hoarding of materials and contributed to inflation’s rise?

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Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

As early as next year, procurement and supply chain operations will begin to adopt AI agents, often called “agentic AI,” to work alongside employees to make and execute decisions with precision across procurement and even the most complex global supply chains. Unlike LLM-based generative AI tools such as ChatGPT, these AI agents do not require prompts from humans.

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Video-Based Safety: Measuring the Value of a Managed Services Program

Supply Chain Brain

In today's fast-paced world, fleet safety has become paramount. Simply installing video cameras is no longer enough. It requires a comprehensive approach that includes expert oversight and actionable insights. That's where SmartDrive's managed services come in.

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The Home Depot expands distribution center network for pro orders

Supply Chain Dive

Four new locations aim to reduce in-store congestion by directly shipping products like lumber and insulation to jobsites.

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Factoring Carbon Dioxide Emissions in Transportation

Supply Chain Brain

Among various modes of freight transportation, trucking is a significant contributor to CO2 emissions for most companies. Read this exclusive report on Factoring Carbon Dioxide Emissions in Transportation for more information today!

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Getting started with Kafka client metrics

IBM Supply Chain Blog

Apache Kafka stands as a widely recognized open source event store and stream processing platform. It has evolved into the de facto standard for data streaming, as over 80% of Fortune 500 companies use it. All major cloud providers provide managed data streaming services to meet this growing demand. One key advantage of opting for managed Kafka services is the delegation of responsibility for broker and operational metrics, allowing users to focus solely on metrics specific to applications.

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Freight Procurement Simplified: Bids from Hours to Minutes

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea

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Making the Case for TMS: Driving Supply Chain ROI

Supply Chain Brain

When building a business case for the investment in a new TMS, it is important to provide information on the ROI. This whitepaper helps uncover the key areas that consistently deliver savings, value and continuous improvement in your supply chain and across your business to support your business case.

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Tackling AI’s data challenges with IBM databases on AWS

IBM Supply Chain Blog

Businesses face significant hurdles when preparing data for artificial intelligence (AI) applications. The existence of data silos and duplication, alongside apprehensions regarding data quality, presents a multifaceted environment for organizations to manage. Also, traditional database management tasks, including backups, upgrades and routine maintenance drain valuable time and resources, hindering innovation.

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AI and Digital Twins Revolutionize 2024 Warehouse Operations

Supply Chain Brain

Warehouse management systems have long produced a wealth of data relating to picking, packing, slotting and inventory management, but the visualization capabilities provided by digital twins go a long way toward making that information actionable.

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Why should companies be held liable for their extended supply chain?

Procurement Insights

I just read this EURACTIV article in its entirety – even re-read a few sections. Many points stood out to me, but it is the second last paragraph that cuts right to the chase: “Even if the legislation was considerably “watered down” from Parliament’s initial “ambitious position,” “the EU needs this directive because, for the first time in [EU] history, businesses are held accountable for human, environmental or labour abuses across their production

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How To Align Product Management And Supply Chain Operations For Successful Product Launches

Speaker: Shalini Dinesh

Effective cross-functional collaboration and communication heavily influence product launch success. Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). The 2023 Supply Chain Insights Report highlights that 60% of supply chain disruptions are caused by poor communication and misalignment among cross-functional teams.

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Contract Intelligence: GenAI Turns Commercial Agreements Into Value Creators

Supply Chain Brain

Thanks to advancements in generative artificial intelligence, procurement professionals may now leverage their system of commercial agreements to increase their company’s return on investment.

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February retail sales see annual and sequential gains, reports Commerce and NRF

SCMR (Supply Chain Management Review)

Commerce reported that February retail sales, at $700.7 billion, rose 0.6% compared to January and were up 1.5% annually.

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Watch: What Do Supply Chain Executives Want From Marketers?

Supply Chain Brain

Randy McClary, lead solutions architect with grocery supercenter chain Meijer, shares tips on how marketers of supply chain services can successfully convey their message to buyers.

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Maximizing business outcomes and scaling AI adoption with a Hybrid by design approach 

IBM Supply Chain Blog

For established businesses, the debate is settled: a hybrid cloud approach is the right strategic choice. However, while embracing hybrid cloud might be intrinsic, clients continually seek to derive business value and higher return on investment (ROI) from their investments. According to a study conducted by HFS Research in partnership with IBM Consulting®, only 25% of surveyed enterprises have reported solid ROI on business outcomes from their cloud transformation efforts.

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The Ultimate Guide to Transportation and Load Building Optimization

Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.

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Distribution and Delivery: 5 Strategic Priorities for 2024

Supply Chain Brain

Are you under pressure to do more with less in 2024? Well, the truth is that you are not alone.

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The future of 5G: What to expect from this transformational technology

IBM Supply Chain Blog

Since its rollout in 2019, 5G wireless networks have been growing in both availability and use cases. Apple was one of the first manufacturers to test the appetite for 5G in 2020 by offering its newest iPhone with 5G compatibility. From there, the floodgates opened, and today as much as 62% of smartphones are built with 5G connectivity (link resides outside ibm.com.

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The Secret Sauce to Profitable Rebate Programs

Supply Chain Brain

Rebates have long offered the potential of a win-win-win for manufacturers, distributors and customers, but they are burdensome if not well managed.

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What is the True Value of ESG?

Barkers Procurement

Series 1 / Part 2 ESG. Some would argue one of the key areas of focus for procurement in 2024. Others would question the value of ESG and what tangible benefits a company can derive through engaging in ESG principles, behaviours and action. To understand the true value of ESG let’s start by defining what ‘value’ is. The Oxford English dictionary defines ‘value’ as: Noun The regard that something is held to deserve; the importance, worth, or usefulness of something.

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How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software

Financial institutions must navigate a complex web of policies, procedures and regulations to ensure compliance and manage risk. When Hellenic Bank, a leading retail lender in Cyprus, set out to transform its procurement operations, it needed more than just software deployment. It required a partner that would help embed its intricate buying processes — with all its validations, risk assessments and tiered approvals — into a unified system.

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NTSB: Boeing Overwrote Footage of Repairs Done to 737 MAX 9 Months Before Door Plug Blowout

Supply Chain Brain

The NTSB’s investigation into Boeing has run into another roadblock — missing surveillance video.

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Procurement 6 – March 15th, 2024

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – March 15th, 2024 appeared first on Art of Procurement.

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Home Depot to Open 4 New Distribution Centers in Appeal to Pro Customers

Supply Chain Brain

Roughly half of The Home Depot’s customers are home improvement professionals, and the company wants more.

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The Good, the Bad, and the Ugly of ChatGPT AI? (One Year Later)

Procurement Insights

EDITOR’S NOTE: One year ago today, I posted the following to LinkedIn and received some notable reactions regarding the ChatGPT controversy. How might these opinions change now that we have “experienced” ChatGPT? Great post by Bernard Marr – so, what is The Good, the Bad, and the Ugly of ChatGPT AI ? (source: Sergio Leone) Here are my thoughts: I love the power of algorithms and AI’s capabilities.

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How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro